State Codes and Statutes

Statutes > Wisconsin > 403 > 403.408

403.408

403.408 Drawee not liable on unaccepted draft. A check or other draft does not of itself operate as an assignment of funds in the hands of the drawee available for its payment, and the drawee is not liable on the instrument until the drawee accepts it.

403.408 - ANNOT.

History: 1995 a. 449.

State Codes and Statutes

Statutes > Wisconsin > 403 > 403.408

403.408

403.408 Drawee not liable on unaccepted draft. A check or other draft does not of itself operate as an assignment of funds in the hands of the drawee available for its payment, and the drawee is not liable on the instrument until the drawee accepts it.

403.408 - ANNOT.

History: 1995 a. 449.

State Codes and Statutes

State Codes and Statutes

Statutes > Wisconsin > 403 > 403.408

403.408

403.408 Drawee not liable on unaccepted draft. A check or other draft does not of itself operate as an assignment of funds in the hands of the drawee available for its payment, and the drawee is not liable on the instrument until the drawee accepts it.

403.408 - ANNOT.

History: 1995 a. 449.

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